Ubisoft Entertainment (OTCMKTS:UBSFY) Lowered to “Hold” at HSBC

Ubisoft Entertainment (OTCMKTS:UBSFY – Get Rating) was downgraded by analysts at HSBC from a “buy” rating to a “hold” rating in a note issued to investors on Thursday, Briefing.com reports.

A number of other research firms have also recently weighed in on UBSFY. Societe Generale cut Ubisoft Entertainment from a “buy” rating to a “hold” rating in a research report on Wednesday, January 11th. Deutsche Bank Aktiengesellschaft lowered their price objective on Ubisoft Entertainment from €50.00 ($54.35) to €40.00 ($43.48) and set a “buy” rating for the company in a research report on Friday, October 14th. Credit Suisse Group reduced their target price on Ubisoft Entertainment from €48.50 ($52.72) to €40.00 ($43.48) and set an “outperform” rating for the company in a research note on Monday, October 31st. Stifel Nicolaus lowered Ubisoft Entertainment from a “buy” rating to a “hold” rating in a research note on Thursday, September 22nd. Finally, The Goldman Sachs Group upgraded Ubisoft Entertainment from a “sell” rating to a “neutral” rating and reduced their target price for the stock from €41.00 ($44.57) to €37.00 ($40.22) in a research note on Friday, October 28th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Ubisoft Entertainment currently has a consensus rating of “Hold” and a consensus price target of $43.86.

Ubisoft Entertainment Stock Performance

Ubisoft Entertainment stock opened at $4.14 on Thursday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.30 and a quick ratio of 1.27. Ubisoft Entertainment has a 1-year low of $4.00 and a 1-year high of $11.97. The business has a fifty day moving average price of $5.34 and a 200-day moving average price of $6.55.

Ubisoft Entertainment Company Profile

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Ubisoft Entertainment SA is a holding company, which engages in the production, publication, and distribution of multimedia, audiovisual, and information technology products. It creates and publishes video games, educational and cultural software, cartoons and literary, and cinematographic and television works.